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today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
to avoid the fiscal cliff as the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employee pe
if the u.s. economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and central america is now a star performer. first, we want to get the latest news. looking for confidence out
the u.s. will reach its federal borrowing limit on new year's eve, threatening the same default that was narrowly avoided last year. in a letter to lawmakers, geithner vowed to take extraordinary measures to avoid a new default but said any remedies would only be short- term. the u.s. has acknowledged for the first time a carried out a september drone strike that killed 11 people in yemen. the victims were packed into a truck on a desert road in a town of radda when they're struck by a missile. the washington post reports the yemeni government tried to hide u.s. responsibility for the attack by taking credit for carrying it out. the yemeni government also initially claimed only militants were killed in the strike, or forced to withdraw that claim after mourners tried to bring the dead bodies to the gates of the presidential residence. according to the washington post, the attack has devastated the community and militants in surrounding areas have gained more recruits for their fight against the u.s.-backed yemeni government since it occurred. diplomatic cables released by wikile
responsible for killing four american in bung bung. u.s. officials egyptian authorities with the help of american intelligence have retained the leader behind the attack on the u.s. consulate. we'll talk about the big development and egyptian protestors expressing anger over president morcey- mursi's power. military warning that serious talk're talks are the only way to avoid a catastrophe. fox news alert. u.s. are saying with the alleged ring leader of the terrorist network tide to the brutal atalk that killed four americans. this may have stopped a new launch of al qaeda. molly? >> u.s. officials have not had a chance to interrogate him yet. but they have been tracking this guy for months. egyptian authorities arrested muhammad amad in the past week or so. he's 45 years old and the leader of a group that took part in the deadly attack in benghazi, libya on september 11th. he appears to be ambitious and big plans for the group. this is what we know about him. a former egyptian jihad member and released arab spring and setting up terror training camps in libya and egypt with help from
finds. we see falling u.s. demand, rising supply. we see miles driven. there's technology at play. probably the biggest thing that could happen to the auto industry and we can come on to that. that's only a few years out. the message from the futures market that we're get sg oil should be some $10 to $15 lower. if we were to get $10 off the oil price, it broadly equate toes about 1% gdp surprising the western world. it's that time of year where we're pending our thoughts to next year. tangible, economic prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this
speaker did give us one flash of hope if you listen to his words very carefully. the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. "outfront" tonight, the magic number after a whole week of harsh words here in washington and threats too, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going t
to new york and take a look at housing figures in the u.s. it looks like the real estate sector may be moving on up. here in london, will be picture be so optimistic? mortgage and retail figures out later this morning should give us an indication. >>> plus, in a global exclusive, cnbc's geoff cutmore speaks with alex ushmanov on his return on facebook, and his outlook for the xwloeshl economy. >>> welcome back to the program. it's been a busy year. after 12 months of uneven growth, the prospects for 2013 look equally uncertain. billionaire investor and russia's wealthiest man alisher usmanov told cnbc's geoff cutmore that rebalance of growth is need. >> 2013 will be a year where we need to search for solutions. there is a big discussion going on about the state of the global economy. everyone is involved in that debate, in that discussion about wa to do. governments, central banks, economists, businessmen, scholars. so as far as i'm concerned, what really worried me and what i think is the real cause of the uncertainty is the enormous disparity that exists between the various moneta
three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget sta
steadier, and it looks at this point asif u.s. exporters are doing a little better and u.s. producers are driving out some of our imports so that was good news, more econic groh. tracy: hard to tell, though, because everything's overshadowed by the fiscal cliff. do you worry, like, inflation is going to come and bite us in the butt one of these days? i mean, there's a lot of moy out there. >> well, i watch that very, very carefully, and i don't think that's an immediate risk. in regard to the fiscal cliff, i think the right thing to do is to let the tax rates go up across the board, just like they agreed to do. i think we ought to have middle income americans as well as high income americans having a reduction of those tax rate cuts we saw. tracy: take more from my paycheck, let the fed put money into the system. does it make sense at the end of the day? shouldn't i keep my money, g out there and spend it and let the fed keep theirs? >> well, that's, you got a good point, and i agree that instabilit and monetary policy is not very effective, and so i' not looking for very much from th
fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so-called fear index or the vix, soaring more than 4%. fiscal cliff concerns pushed the index to the high
troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised and alarmed by the successful launch over at the pentagon? >> look, wolf, because of everything you just mentioned, indeed, the u.s. military, the intelligence committee have been watching north korea for days now 24/7 because they did expect to launch and they announced it. but they were having technical problems so a lot thought it wouldn't happen until next week. when it happened last week, there was a surprise. the north korean anchor's excitement was clear. >> announcing the launch of a long-range rocket that put a nor
of our u.s. voouers to find cnbc world because they could get three hours of you, carol and carolin for the rest of the week. >> whatever they can do. record it and fast forward to the good bits. >> yeah. >> it will be 2:00, 3:00 in the morning or whatever. >>> on today's show, plenty to come on. >> yes. the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank of japan to heed the call of the masses. abe is beating the heat on the boj just one day after his party's huge win and two days after the bank's next rate setting meeting. kaori enjoji has the latest for us. how much of a game changer is all this? >> this is a serious game changer. it's a comeback for the dlp and shinzo abe. he has made it clear that the economy and economic recovery is going to
. appreciate your time today. >>> when we return, what happens to the global economy if the u.s. goes over the fiscal cliff? >> markets i think would react very quickly. >> we'll talk to the woman who's keeping a close watch. my interview with imf chief christine lagarde is next. reti. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $169 per month or get $500 holiday bonus cash. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting th
, what happens to the global economy if the u.s. goes over the fiscal cliff? >> markets i think would react very quickly. four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. this holiday season, get a 2013 malibu ls for around $199 per month, or get $1,000 holiday bonus cash. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup c
to u.s. exporters may be showing signs of stabilizing, maybe get to growth. so that might mean moderation in the eurozone might ease in the first quarter. but again, this is all dependent on what happens with that ongoing debt crisis and any step back in resolving that would obviously have a knock-on effect to the economy. >> i'm wondering whether germany as we look at -- they're just above sort of recession territory at the moment. i'm wondering whether if they get better growth out of asia, that will offset the weakness that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have
, international crisis group and the u.s. institute of peace. he has helped fund schools in darfur in refugee camps, now belongs to a satellite project with george clooney. mr. prendergast has worked for peace in africa for well over a quarter of a century. then we will hear from mvemba dizolele, who is a visiting fellow at stanford university's hoover institution, and professor, lecture and african studies at johns hopkins university school of advanced international studies. mr. dizolele has testified several times before the congress. his work has appeared frequently in many major news publications, and he is a frequent commentator on african affairs on television and radio. he served as election monitor in the drc in 2006, and again in 2011. and has also been indicted with united nations peacekeepers as a reporter. in addition, he is a veteran of the united states marine corps. thank you for your service. and i'd like to now go to steve hege. >> chairman smith, ranking member bass, and members of the subcommittee on africa's global health and human rights, thank you for this invitation to
ground. >> susie: i'm susie gharb. the u.s. stock markeis expeed to be the world's best performer in 2013. that's the prediction of john rogers of the c.f.a. institute. he joins us tonight. >> tom: and new rules for health care also are around the corner. tonight, we look at how small businesses are preparing for the changes. >> susie: that and more tonight on nbr! >> tom: there's no deal, but the two sides are still talking. house speaker john boehner and president obama met earlier this evening at the white house in an effort to move forward the stalled fiscal cliff talks. there are now just 18 days before the tax hikes and spending cuts thatake up the clf take efft, and today, there were few signs of progress. as darren gersh reports, the tone of the talks, if anything, is getting worse. >> reporter: house democratic leader nancy pelosi may just have a second career as a stock analyst. her commentary on the markets today was dead on. >> so far, they trust that we would not be so stupid as to go over a cliff. >> reporter: but pelosi made clear what everyone knows-- time is running out t
pentagon correspondent, jim miklaszewski. good evening very >> reporter: good evening, brian, u.s. officials tell us that the syrian military is poised tonight to use chemical weapons against its own people. and all it would take is the final order from syrian president assad. as the fighting grows more intense and syrian rebels close in on damascus, the syrian regime has turned very desperate. u.s. officials tell nbc news the syrian military has now loaded the precursor for bombs, that could be dropped from dozens of fighter bombers. this week, u.s. intelligence detected a flurry of activity like this one, near homs today, while u.s. officials confirm the today, while u.s. officials confirm the precursor chemicals are loaded, they must still be mixed together to create the deadly gas. the alarm shook the world, including president obama and secretary of state hillary clinton issued strong warnings to syria's president assad, there would be strong consequences if he used chemical weapons. >> it is the point of no return there would be strong consequences if >> they would lose any
. >> shepard: u.s. officials say they have recently spotted the syrian military moving around chemical weapons components. syria is believed to have enormous stockpiles of chemical weapons, gases that can kill people by raising blisters on their lungs or shutting down their nervous systems. as bashar assad's regime gross desperate the chances of him unleashing those weapons are growing. the fighting that began last year in syria has killed at least 40,000 people. if president assad gives the go ahead for the chemical weapons attacks it's hard to predict how many more would dyed. we have team fox coverage tonight jonathan hunt at the united nations first to james rosen at the state department and to james nato is taking steps to minimize the amount landing outside of syria. >> that's right, shep. the foreign ministers of the military alliance gathered in brussels today and announced there that they have approved a request made by member state turkey which asked for u.s.-made patriot antimissile batteries to be installed along its southern border syria. the ministry made clear the systems are pu
on the escalator. >> sent holiday shoppers to the hospital. but first from fox this friday nate. the u.s. supreme court is about to jump into the national argument over gay marriage. and the question of whether same sex couples should have the same rights that every other american already enjoys. hours ago the court agreed to consider legal challenges to california's ban on same sex marriage, proposition 8 they call it and in addition, to the federal defense of marriage act. two different things. that act restricts federal benefits gay couples can get by defining marriage as something that exists between a man and a woman. 38 states have laws or amendments that outlaw gay marriage. north carolina the most recent state to prohibit it it but nine states, and the district of columbia have already legalized gay marriage or in the process of doing so now. this has been one of the most charged social issues in the marriage. polls indicate people support gay marriage. now we know within a matter of months the supreme court could help settle it once and for all. molly henneberg on fox top story live for
there is going to be major market. shep? >> shepard: state department officials failed to protect the u.s. outpost in benghazi before that attack that killed four americans. a blistering report from an independent investigation is now out today there is word three top officials may pay the price for it and some lawmakers are now demanding answers from our now ailing secretary of state. plus the feds say they are making changes to keep companies from illegally collecting information about children online. we'll tell you what that means for you kids and you parents from the journalists of fox news on this wednesday fox report. nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. meet the 5-passenger caford c-max hybrid.ll day. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight,
this morning. it's a big development in the fight against syria and a new level of u.s. involvement. we just learned within the past few hours the defense secretary leon panetta signed an order sending two patriot missile batteries to turkey. that's to assist that nation in defending against any pollible military action by syria. this move was expected as the civil war in syria destabilizes the assad regime with each passing day. in addition to this, 400 u.s. troops are going to turkey. they will be deployed to operate the missile batteries. cnn's nick payton walsh has the development. >> reporter: good morning. 400 personnel will be accompanying the batteries. let me give you history. over the past two months, we saw sporadic exchanges of fire across the border. syrian military firing into turkey causing often destruction and death. turkey often responding. that brought about this request to nato for patriot missile batteries. they're supposed to be there. this particular type better at taking out missiles in the sky rather than taking down aircraft. but this move part of a nato response. a
rice's because of her comments about that attack on the outpost in benghazi. terrorists killed our u.s. ambassador to it libya chris stevens and three other americans on september 11th of this year. three days later ambassador rice went on the talk show circuit and said several times u.s. officials believed the violence was a spontaneous reaction over protests to anti-muslim video not a preplanned terrorist attack. intelligence officials say they gave her those talking points but those opponents did not back down and today ambassador rice sent the letter to the president, quote: i am now convinced that the confirmation process would be lengthy, disruptive and costly to you and to our most pressing national and international priorities. that tradeoff is simply not worth it to our country, end quote. we have team fox coverage now. catherine herridge is live on capitol hill where lawmakers got another classified briefing on benghazi today. first though to ed henry live at the white house. ed, what's the reaction there? good evening, harris. there is disappointment here because i said ove
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
department officials were removed from their post after a report about the u.s. consulate attack in benghazi. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >> a scathing report this week blames systemic failures in leadership and management deficiencies at the state department for inadequate security at the u.s. consulate in benghazi before the september 11th attack that killed ambassador chris stevens and three other americans. in testimony before congress this week, two top advisors to secretary of state hillary clinton vowed to do better and to improve security at u.s. diplomatic posts around the world. clinton herself was suppose today appear, but reportedly recovering from a
was revealed. he admitted his crime, they say. u.s. interests in p'yongyang. they say legal actions are being taken against him in line with criminal procedure law of the dprk. a little over a week ago, a u.s. korean men was in custody. he is said to be the operator of a tour company based in beijing that specializes in tours to north korea, and the u.s. state department said they were aware of these reports and that the welfare of their citizens with their chief concern. in 2009, there were two instances of khas u.s. citizens been jailed in north korea, the first in march, accused of trying to cross illegally into the border. later a christian activist was jailed and eventually released after repenting. the two earlier detainees were released after bill clinton who visited hong yang. -- visited p'yongyang. >> britain has paid money to iraqis who say they were illegally obtained -- rick detained and tortured by british troops. over into the following the 2003 invasion. most of those were male civilians who said they were beaten, deprived of sleep, and threatened before being interrogated. bri
for the organized labor movement in the u.s., passage for this law in michigan would be a body blow to the labor movement in the u.s., wolf. >> certainly would be. thanks very much for that, jessica. >>> the president's due back here in washington just in a little while from michigan. his focus will be back on trying to get a deal with the house speaker john boehner over taxes and spending cuts. our chief political analyst gloria borger is here to take a closer look at the agreements, the disagreements, i guess there's more disagreements than agreements. let's step back and see where these two sides stand, gloria. >> let's step back from the cliff here for a minute, wolf. and you'll see that on tax, which is of course the crux of this matter, there's a huge difference between congressional republicans who want to raise $800 billion over ten years from tax increases. and of course the white house that wants to, you know, basically double that. i mean, the white house says, we need to get more revenue from taxes. if you break apart these tax number, take a look, because of course we know, the big
by the u.s. state department, the number of russian children adopted by american couples has increased significantly in the last few years. in 2004, the number was more than 5800 compared to only 962 last year. over the last 20 years, americans have are adopted more than 60,000 russian children, more than any other country. >> we remain committed to supporting inter-country adoptions between our two countries. the welfare of children is too important to be linked to political aspects of our relationship. >> reporter: the bottom line, says this expert, it is ultimately the children who will suffer because there aren't enough families in russia willing to adopt. >> there are, by some estimates, 700, 750,000 children in orphanages, in institutions in russia. they don't have that many families stepping up. >> reporter: the need is especially great for children with special needs like vatali. >> we rely on our faith and hope in jesus christ and that's what is going to get us through this. but it would just be devastating for those kids. >> reporter: the moyers already have two biological ch
cliff. have a great evening, guys. >> y too. >> thank you very much. adam: hundreds of u.s. troops along with patriot missile batteries on the way to turkey. now is this a sign that syria's escalating crisis is about to take a turn for the worst? the latest fallout from the middle east is coming up. >>> plus foreign companies fight to get into the investing game in cuba. but, all u.s.usiness can do is watch from the sidelines due to a 50-year-old trade embargo. new findings reveal just how badly u.s. businesses are missing out. more "money" is coming up. there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows thatdjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your
they captured a u.s. drone and issues a warning "we shall trample on the united states." >>> drunk and partying the night before he shocked the nfl and fans. >>> director kathryn bigelow talks about the controversy over her bin laden death movie. >> i think it's nice because now the film can speak for itself and i certainly have a feeling that a lot of those debates will transition to something slightly less controversial. >> the full interview straight ahead. >>> so you don't read runway ? >> no. >> before today you never heard of me. >> no. >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> the devil's diplomacy. vogue editor anna wintour, u.s. ambassador? maybe. "newsroom" starts now. good morning. thank you so much for joining me. i'm carol costello. this morning iran is bragging. it claims it capture d an american drone. the u.s. is denying it. iran has made that drone a star on state tv. according to iran's state-run news agency, the drone was captured immediately after entering iranian air space. the drone, now being sh
, and, again, the u.s. navy, which patrols the persian gulf constantly, says all ever its drones are currently accounted for. it also says its drones stay in international air space. joining me now with his insights and expertise is jim walsh. jim, first and foremost, look, it may very well be someone else's drone. i'll get to that in a moment. but when we say we only patrol in international air space, do we really only patrol in international air space? >> well, the first thing to know about that ashleigh, is international air space is highly contested. different countries draw the maps in different ways. and so you can be in a spot in the air where one country claims it's in international air space and another country claims it's in their national air space. it's sort of a fudge word, and we've had this before. this is not the first time we've had this dispute. we've had drone incidents now with iran on this makes the third different occasion, and in every case there are claims by both sides, and it's rather tough to resolve. >> just about every aspect of this is classified, so
the u.s. stock market will be the best performing stock market in the world. for details, john rogers joins us. he's c.e.o. of the cfa institute that conducted the survey. so john, the u.s. stock market ranked as the best performer. if we look at the charge of coming in in second place, china and brazil. why the vote of confidence considering all these concerns about the fiscal cliff? >> you're right, susie. it's interesting. it's a happy holiday season for investors. in the u.s. the stock market is going to have returned close to 13, 14%. and charter financial analysts around the world that we surveyed as you say feel pretty good about the prospects for next year. markets often do climb a wall of worry but in perspective we've had resolution of political uncertainty here in the united states. the new political leadership in china appears to be market friendly. we have avoided having southern europe slip into the mediterranean. and so also given other asset classes equities appear to be relatively attractive. >> let's talk about that, actually. because did you ask the people that you
business is looking good for 2013, but going over the fiscal cliff could change that. >> tom: and the u.s. treasury speeds up plans to sell its stake in general motors. is the automaker ready to stand alone? >> susie: that and more tonight on "n.b.r."! >> tom: under the threat of a white house veto, the u.s. house of representatives is expected to vote tomorrow on the republican plan-b to avoid the fiscal cliff. house speaker john boehner thinks the house will okay the package, trying to turn the heat up on president obama to steer clear of automatic tax hikes and government spending cuts due to take affect in 12 days. still, as darren gersh reports, there are some signs the two sides are narrowing their differences. >> reporter: house republicans say they're still working on plan a: a big agreement with the president to cut spending and raise revenues, but they were pushing plan b today-- a tax hike for those making more than a million dollars. >> tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the presi
's analytics and joining me in studio is christine romans. the gdp for the u.s. grew at 3.1% over the summer. that's more than double the rate of the previous quarter. you can see the chart, it's been choppy, but it looks like we're going in the right direction. america's economy is gaining pace, doing better than expected. and we've been saying the 2013 could be the year of a real economic renaissance in the united states or at least the beginning of one. talk to me about the consequences to our prosperity if washington doesn't reach a deal. >> the consequences are not good. so what the numbers are telling you is that the private sector is healing. and if the private sector were left to its own devices, it would heal faster. unfortunately, washington is getting in the way. and what we find out this week, ali, is that the problem is not just a lack of trust between democrats and republicans, we found out that the republicans themselves can't unite. which means that the cooperative solution that you need to solve this country's headwinds becomes much more difficult, which means that the priva
the first piece of damage we may see, which we saw during the debt ceiling debate, the idea that the u.s. gets its credit rating hurt again. there's been some talk about it from fitch. the net result of lowering the u.s.' credit rating the last time around and-in the debt debacle, it's kind of sad because the first experience most people have with that is it wasn't as bad as we were warned it was going to be. is there a real danger to the u.s.' debt rating and what could that mean? >> at some point, there was a danger. the reason why we haven't felt it is because we've been doing better than rest of the world. this concept that my colleague, bill gross says, wear the cle cleanest dirty shirt. so we're not clean but we're cleaner than europe is right now. >> right. >> so we haven't felt it. my main worry is the following, that if the republicans and democrats can't get together to solve the fiscal cliff you will need an external force, a major market sell-off, you will need a major economic trauma to get them to poex. >> other things have been on the table. i want to talk to our viewers a
. >> reporter: u.s. intelligence as first reported by nbc news indicates that syria's military has loaded the precursor bombs, even a tiny bomb can attack the nervous system, killing within seconds or minutes, most of syria's sophisticated weapons are from russia, syria's most powerful ally. but today, they were so alarmed about the chemical threat, they met with hillary clinton to talk about a possible future for syria without assad. >> we have been trying hard to work with russia to stop the bloodshed, and start a transition towards a post-assad future. >> reporter: the u.s. critics want the administration to consider military options. >> we do know absolutely that these weapons have been readied for use by bashar al-assad's aircraft. again, i urge, we urge the president of the united states to make whatever military preparations are necessary. >> reporter: another military imperative, securing the weapons if assad loses control. >> it is absolutely important that terrorist groups not obtain possession of those weapons, and then try to use them against any other country or any other gro
to hoist on u.s. that thing was going to pass, we got involved, an organization that i run, patriot voices, we stirred up the pot, got people to pay attention. neil: you are a force, you are a very commanding force it would be in upper tier of perspective presidential candidate. >> i appreciate, that but point is, i do not say that to pat our organization on the back. neilback. >> i want voices of america to be heard. neil: you would be taken more seriously this time, than last time, you couldn't get to nickelodeon last time. >> we had a tough time get something recognition early in the campaign. neil: but once you burst through thank you instant street cred. >> like i said, conservatives will be heard over the next couple years, everyone said that tea party is dead, you even said that republican party is dead, there are a lot of folks who understand the critical times we're in. and this fiscal cliff, not what is happening in january but long-term imagine problems. neil: you can't win being a lighter verdict of them. version of them. >> even during the campaign, i am not being critical of
u.s. citizens from adopting russian children. the decision raising tensions between the two countries, seen for retaliation for a new law in the u.s. that seeks to punish russians for human rights violations. the ban will take effect on january 1st, that's really right away it would halt all new adoptions and end those already in progress. incredible. a lot of families in the process of adopting children in russia. >> those poor kids. >>> want to move on to the weather. lots of snow, wind, hail everywhere across the u.s. the storm that brought snow and spun off tornadoes is still not over. ten deaths blamed on the storm. more than 2,400 flights have been canceled. it could dump more snow on new england and upstate new york today. boy, they don't need that. bonnie schneider with a look at the forecast. good morning. >> good morning. the storm we've been talking about is working its way to extreme northeastern new england. it is hitting canada hard. quebec is getting more snow. i mentioned yesterday that cold air would come in behind the system. it sure has. scranton at 26. be
americans including the u.s. ambassador. a full report, everything we know about this man, coming up, coming right up here on cnn. >>> congress faces a so-called fiscal cliff and only 24 days. and it is what house speaker john boehner did not say that is drawing attention tonight. when questioned by reporters yesterday, boehner would not comment on whether there is room for compromise on the president's demand for higher tax rates, on high income americans. boehner and the president spoke by phone this week, but in public comments, appear to have no -- made no progress. >>> same sex couples are finally getting their day in court. this time, the u.s. supreme court. justices have decided to hear two constitutional challenges to federal and state laws. one case involves the federal defense of marriage act, which denies federal benefits to same sex couples legally married in their own state. the other is a challenge to california's prop 8, which took away the right of same sex marriage that had been previously approved by state courts. >>> florida governor charlie crist completed his political t
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